Dollar tumbles as Fed rescues China in the nick of time Ambrose Evans-Pritchard, Telegraph
IMF’s Christine Lagarde: China can avoid ‘hard landing’ but spillovers seen Sydney Morning Herald. EM: “It’s always sunny if you’re the head of the IMF.”
Violence Erupts in Greece Against Pension Reform US News. Headline overstates the situation.
Greece fell into a sociopolitical coma because of Troika failed evolution
Big Brother is Watching You Watch
Maryland Attorney General: If You Don’t Want To Be Tracked, Turn Off Your Phone Motherboard (resilc)
Hillary, the Banksters Committed “Fraud” not “Shenanigans” Bill Black, Huffington Post. Hillary doubles down on her “tough on Wall Street” lie. I wish he’d called out what she said in her Dec. 2007 speech, in which she bent over backwards to say nice things and waived the wet noodle of that she “consider” proposing legislation if they didn’t do more to help deserving borrower. It was all “Gee, Wall Street is SO IMPORTANT to the economy, and it would be nice if you were nicer” and nothing stronger than that.
Hillary Clinton and Bernie Sanders Brawl Over His “Insinuation” That She’s Corrupt Intercept (resilc). This is not hard to understand unless you pretend not to understand it: Wall Street would not be giving to the Clintons so consistently over time if they did not think they were getting value for their money.
Hillary Clinton (D-Wall Street) American Conservative (resilc)
Hillary Clinton Wants You to Believe She’s Tough on Wall Street. She’s Not. New Republic (resilc)
Clinton’s Wall Street Hypocrisy Bloomberg. Wow, an editorial, and a tart one at that.
Is the CEO of Goldman Sachs Really Afraid of Bernie Sanders? Charles Pierce, Esquire
After Iowa … Can Bernie Win a “Strip & Flip” Selection? Reader Supported News
Marco Rubio Remains the Foremost Neoconservative Warmonger in the Field Charles Pierce, Esquire
Jeb Bush begs town hall attendees to ‘please clap’ Yahoo (furzy)
Carly Fiorina misses debate stage The Hill (furzy)
Why Primary Polling Isn’t Predictive Atlantic (furzy)
U.S. House Debate on Financial Oversight Bill C-Span. Kevin C: “The bill would limit the Justice Department’s Operation Choke Point program, which investigates certain banking practices. The House later voted 250-169 to approve the measure.”
White America’s ‘Broken Heart’ New York Times
First research links California quakes to oil operations Associated Press
Global Indicators Point to Fed Reversal Bloomberg
Rate Expectations: Not So Fast, Fed Wall Street Journal
Look Out Below
Why it would be wise to prepare for the next recession Marin Wolf, Financial Times
The End of the New Normal? Mohamed El-Erian, Project Syndicate (David L)
More Bad News in the Shipping Data Bloomberg
Obama proposes $10 per barrel oil tax Financial Times
ICE chief calls IEX speed bump plan ‘un-American’ Financial Times
The benefits of scrapping cash Gillian Tett, Financial Times. Scott: “Her commenters are having none of it.”
An Idiot’s Guide to Prosecuting Corporate Fraud Dave Dayen, Intercept
Martin Shkreli Pleads the Fifth C-Span (Kevin C). It’s actually worth watching. He smirks repeatedly. That sort of behavior is going to get the book thrown at him in his criminal securities fraud trial.
Leon Black is mystery Picasso buyer Financial Times
Uber Drivers and Others in the Gig Economy Take a Stand New York Times (Dan K)
Living Out of a Van is the New American Dream Vice (resilc)
Antidote du jour. @im461 via Richard Smith: “This penguin was rescued in New Zealand His feet were injured. Rescuers fitted him blue soft shoes? Now he’s better.”